Fuel Price Hike: PENGASSAN Accuses NMDPRA, Marketers Of Exploiting Nigerians
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has accused petroleum marketers of exploiting Nigerians by inflating fuel prices despite a significant drop in global crude oil prices.
PENGASSAN President,!-->!-->!-->!-->!-->…
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Recapitalisation: First Bank, FCMB, 4 others primed to beat CBN’s N500bn target
First Bank
Six leading Nigerian banks have been projected to exceed the Central Bank of Nigeria’s (CBN) N500 billion capital requirement.
The banks, which include Zenith Bank, Access Bank, UBA, Guarantee Trust Bank, First Bank, and!-->!-->!-->!-->!-->…
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NNPC Increases Petrol Price To N945/Litre
Thelagostimes gathered that that the NNPC increased the fuel pump price from N895 to N945 per litre in Abuja. It also adjusted its petrol pump price to N915 per litre at several of its Lagos retail outlets.
Punch Newspaper!-->!-->!-->!-->!-->…
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Global Oil Price Up By Near 3% After US Hit Iran
Global oil prices spiked by over 2 per cent after the United States of America bombed Iran’s three nuclear sites.
Oilprice.com data showed that oil prices skyrocketed as trade commenced on Monday.
As of 1:16am on Monday, Brent!-->!-->!-->!-->!-->!-->!-->…
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Oil, dollar trim gains after US attacks on Iran
Spot gold fell 0.1% to $3 363.57 an ounce
Image: Anthony Prieto/Bloomberg
The dollar and oil pared an early advance, as traders awaited Tehran’s response after Washington struck Iran’s nuclear sites over the weekend.
A!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Petrol pump price eyes N1000 as Iran-Israel tensions escalate
Nigerians could soon pay up to N1,000 per litre for petrol, as rising global oil prices fueled by escalating Iran-Israel tensions rattle the international energy market.
The surge follows recent US-Israeli airstrikes on Iran’s!-->!-->!-->!-->!-->…
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States Seek $500m World Bank Loan to Tackle Poverty
<img src="https://www.thevaluechainng.com/wp-content/uploads/2025/06/image-27.webp" alt="" class="wp-image-71329" title="States Seek $500m World Bank Loan to Tackle Poverty<br!-->…
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Africa: Minister calls for innovation to unlock gas potential
Ekperikpe Ekpo
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has called for regional collaboration and innovation to build a resilient African gas economy.
Speaking during the Africa Gas Innovation Summit!-->!-->!-->!-->!-->…
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Light restored to 6 N/East states after extended darkness
The Transmission Company of Nigeria, TCN, has announced the restoration of normal bulk electricity supply to the six states in North-east Nigeria.
TCN spokesperson, Ndidi Mbah disclosed this in a statement on Sunday.
The power!-->!-->!-->!-->!-->!-->!-->…
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Nigeria negotiates $65m extra procurement loan with W’Bank
World Bank
The Federal Government is currently in advanced discussions with the World Bank to secure an additional $65m for the Sustainable Procurement, Environmental, and Social Standards Enhancement Project, according to findings by !-->!-->!-->…
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